Polliesdividend

Dividend increase Johnson & Johnson (JNJ)

Today Johnson & Johnson announced a 6.7% increase in its quarterly dividend. The dividend is raised from $0.75 to $0.80. The dividend pay date is June 7, 2016 to shareholders of record on May 24, 2016 (ex dividend May 20, 2016).

CEO Alex Gorsky “In recognition of our 2015 results, strong financial position and confidence in the future of Johnson & Johnson, the Board has voted to increase the quarterly dividend for the 54th consecutive year

The new dividend amount represents an annualized dividend amount of $3.20 per share, up from $3.00. The dividend yield on current price is 2.85%.

My Vrijheid Fonds consist of 30 shares of JNJ, so in 2016 my passive income will increase by $3.83 (after taxes).

My projected annual total amount from my shares of JNJ will be $81.60 after taxes.

This is the 12th dividend increase for my Vrijheid Fonds in 2016. I love it!

Cheers,

Pollie

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8 thoughts on “Dividend increase Johnson & Johnson (JNJ)

  1. Willem

    Hi Pollie,

    We are both at the same path.
    A lot of companies that you have in your portfolio are the same I have.
    Every time when dividends are increased means that we follow the right companies.
    Where do you live in Holland?
    Kind regards/ groeten

    Willem

  2. Willem

    Pollie,

    I have 12 the same stocks in my portfolio.
    In total I have 22 stocks which I follow.
    Regards / groeten

    Willem

      1. Willem

        Pollie,
        Can I send you a personal Email with my list of stocks and the way I decide to buy.
        Regards/Groeten
        Willem

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